Welcome!

News Feed Item

WOCU® Incorporated into TraderMade Professional Charting System

LONDON, March 6, 2014 /PRNewswire/ --

The WOCU®, an independent, composite global currency unit, has been incorporated in the Tradermade Systems Ltd ("TraderMade") charting software.

The WOCU, a registered trademark of WOCU Limited, is an independent, apolitical, elegantly constructed composite currency unit that naturally adjusts to the rise and fall in the prominence of its constituents; the currencies of the World's Top Twenty economies measured by their GDP.  The WOCU embraces the success of booming economies and reduces exposure to those that are struggling. It is entirely transparent, trustworthy and is based on real currency values.

TraderMade develops, sells and supports cutting edge analytical software for the global financial markets.  It provides real-time market data and proprietary analytics to dealers within leading banks, corporations, financial institutions and individual traders worldwide. It has incorporated the WOCU, an exciting new financial tool, in line with its effort to lead and innovate in this highly competitive niche market.

The WOCU is inherently stable, and delivers greater certainty than any single currency. The WOCU provides for changes in the ranking of the major countries and its structure takes into account any variation in the components of the Euro. In particular it provides a safe haven for FX positions and potentially could act as the global trade reference currency.

Mike Blakey, MD of WOCU Limited said; "WOCU Limited is delighted that TraderMade has recognised the WOCU's place in the FX landscape, and what the WOCU has to offer as a universal and transparent global reference."

David Upton, CEO of TraderMade said; "TraderMade are very pleased to support the WOCU composite, and to include it in our charting platforms.  We support the initiatives being undertaken by the WOCU, and consider it a valid instrument to include on our platforms alongside the mainstream FX data we supply."

About The WOCU

For more information on the WOCU including access to live and delayed WOCU prices and charting tools to demonstrate historical comparative volatility rates since 2000 visit our website http://www.wocu.com. For those on the move, a WOCU rates iPhone application is also available; free to download from iTunes.

The WOCU (currency code XCU), a Registered Trademark of WOCU Limited, is a global composite currency derivative covering the World's Top Twenty economies, representing the vast majority of global production. Weighted elegantly by transparent International Monetary Fund GDP figures, the WOCU is a natural "Currency Shock Absorber".

Weighted by IMF published figures and taking in real time exchange rates, the WOCU algorithm outputs WOCU cross rates in real time. The WOCU can be used to reduce risk and assist decision making in saving, investment, international trade, commodity pricing, project finance, international portfolios and indexes, and a host of other applications.

The WOCU is applicable across a huge financial spectrum; trading of goods and services, corporate treasury, asset and fund management, savings and bonds: from whole nations down to individuals.

For full information about the WOCU, access to the free WOCU iPhone app, regularly updated WOCU prices, historical data, charting, go to http://www.wocu.com or call +44(0)203-239-1660 for more details. Banking enquiries: [email protected].


SOURCE WOCU

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager - Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, reviewed next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discussed how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has been engaged in t...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, will highlight the current challenges of these transformative technologies and share strategies for preparing your organization for these changes. This “view from the top” will outline the latest trends and developm...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...